Business Chief APAC+ANZ Magazine March 2016 | Page 53

MINING Didipio water treatment plant
of the Didipio underground mine continues to progress with a plan to begin developing exploration drifts by the second half of 2016 , which will allow for drilling of the Didipio deposit at depth .
In New Zealand , Macraes and Reefton exceeded their gold production guidance with 222,093 ounces produced including 51,419 ounces produced in the fourth quarter . The year-on-year increase in gold production was a result of higher production at Reefton where the operation will process stockpiles until the end of February 2016 , at which point it will be placed on care and maintenance .
“ Last year was a transformational year for OceanaGold and another year of strong operational and social performance where we delivered
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